Listing Courtesy of Serhant
$1,399,000
Potential Rebate: $20,985
<p>This impeccably renovated residence has been completely reimagined with an emphasis on flow, functionality, and refined, modern finishes.</p> <p>The home opens into a spacious living and dining area centered around a restored, operable wood-burning fireplace, an increasingly rare luxury in Midtown. The proportions are comfortable and generous, offering an effortless layout for both everyday living and entertaining. Garden-facing views provide pin-drop quiet, making the apartment remarkably peaceful. </p> <p>The kitchen was rebuilt from the studs with custom millwork cabinetry, Silver Roots marble countertops, a centered cooktop, top-tier Miele appliances, a built-in commercial hot water and filtered water dispenser and a dedicated chef's workspace. Directly off the kitchen is a large pantry with extensive storage and a washer/dryer. The millwork continues seamlessly into this area, creating a clean, cohesive built-in look.</p> <p>The redesigned floor plan includes a large primary suite with an expanded en-suite bathroom featuring double vanities, a walk-in shower, Florim large-format marble tile, Phylrich fixtures, matte-black hardware, and LED mirrors. The secondary bedroom offers a handmade thin-brick accent wall and a custom closet designed for flexible use. The second full bathroom was also fully renovated with upgraded materials, added cabinetry and Jacuzzi tub. </p> <p>Additional features include refinished hardwood floors, Benjamin Moore satin paint throughout, custom fitted closets, new through-the-wall A/C units, and a newly fabricated entry door modeled on the original but rebuilt with a sound-blocking core for enhanced quiet. The home is also fully outfitted with a Philips Hue smart lighting system, allowing complete control of light levels and ambiance. A private storage unit is included.</p> <p>40 West 55th Street is a 1924 Rosario Candela-designed prewar condominium that underwent a $3.5M restoration featured in The New York Times. The building was returned to its original residential layout with upgraded mechanical systems, restored terrazzo lobby floors, and a Venetian-style fresco ceiling. Amenities include a full-time door attendant, elevator, and common laundry. Pets are welcome.</p> <p>Just moments from Central Park, MoMA, Carnegie Hall, Rockefeller Center, and Fifth Avenue, this home offers an elevated and exceptionally convenient Midtown lifestyle.</p>
$8,076 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$20,985
Monthly savings impact
$58/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Serhant
Data Source: TRESTLE #RLS20062044

Compare average listing prices and value metrics for 40 West 55TH Street against the surrounding Midtown market.
than the Midtown price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.
\nLuxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood."
\nDominanted by office workers and tourists. Convenient but lacks a local feel.
\nEvery train goes through Midtown. Grand Central is here.
\nBryant Park and Central Park (south border) are key.
\nBest for pied-à-terre buyers and busy executives.

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